Tag Archives: Economy

• Government refutes claim over increase in Indian black money in Swiss banks 19 June 2021 | Meenakshi Ray This post has no comments yet

  The government on Saturday refuted reports Indians were allegedly holding black money in Switzerland and said it has reached out to Swiss authorities to verify details about the deposits. ...

• India spends big to revive pandemic-hit economy 1 February 2021 This post has no comments yet

  India unveiled a massive spending plan focused on healthcare and infrastructure on Monday, as the government sought to boost a coronavirus-ravaged economy on course for its biggest annual contraction on record. ...

• India projects annual economic growth of 11% for 2021/22 29 January 2021 | Aftab Ahmed and Manoj Kumar This post has no comments yet

  India forecast robust economic growth of 11% for the coming fiscal year on Friday in its annual economic survey, after a massive COVID-19 vaccination drive and a rebound in consumer demand and investments. ...

• China to leapfrog US as world’s biggest economy by 2028: think tank 26 December 2020 | Reuters Staff This post has one comment

  China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said. ...

• India’s economic contraction slows as vaccines boost recovery hopes 27 November 2020 | Manoj Kumar This post has no comments yet

  The contraction of the Indian economy eased off in the three months to September amid signs of a pick up in manufacturing, and economists expect a steady recovery next year if progress on coronavirus vaccines feeds consumer demand. ...

• India planning around $20 billion of new stimulus: sources 11 November 2020 | Aftab Ahmed This post has no comments yet

  India is planning to announce a fresh round of stimulus totalling about $20 billion this week to help pull the economy out of its historic contraction, government officials said on Wednesday. ...

• Modi woos global investors as economy shows signs of recovery 5 November 2020 | Reuters Staff This post has no comments yet

  Indian Prime Minister Narendra Modi urged global investors on Thursday to invest in the country’s infrastructure and manufacturing sector as his government aims to bolster the economy amid some signs of recovery. ...

• Trump or Biden, new US president faces troubled economy | Ann Saphir and Jonnelle Marte This post has 4 comments

  It’s still not clear yet if the next US president will be incumbent Donald Trump or Democratic challenger Joe Biden, but whoever triumphs will face monumental challenges on the economic front. ...

• India to invest $1.46 trillion to lift virus-hit economy 15 August 2020 | Ashok Sharma and Aniruddha Ghosal This post has no comments yet

  India’s prime minister said Saturday his country has done well in containing the coronavirus pandemic and announced $1.46 trillion in infrastructure projects to boost the sagging economy. ...

• India to provide free food grains to millions of migrant workers 14 May 2020 | Aftab Ahmed and Manoj Kumar This post has no comments yet

  India will provide free food grains to millions of migrant workers hardest hit by a weeks-long lockdown as well as offer employment under a rural jobs program, Finance Minister Nirmala Sitharaman said on Thursday. ...